Shares of DaVita Inc. /zigman2/quotes/204229673/composite DVA +0.52% rallied 1.92% to $86.93 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.44% rising 0.30% to 3,966.85 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.03% rising 0.46% to 31,656.42. The stock's rise snapped a two-day losing streak. DaVita Inc. closed $46.95 short of its 52-week high ($133.88), which the company reached on September 3rd.
The stock outperformed some of its competitors Thursday, as Fresenius Medical Care AG & Co. KGaA ADR /zigman2/quotes/210057637/composite FMS -3.89% fell 1.23% to $16.89, Laboratory Corp. of America Holdings /zigman2/quotes/203174601/composite LH -0.95% rose 0.81% to $227.09, and Universal Health Services Inc. Cl B /zigman2/quotes/208539347/composite UHS +0.46% fell 0.60% to $97.25. Trading volume (984,509) eclipsed its 50-day average volume of 866,751.